5/25/21-New Jersey Residents Will Pay Most in Taxes Over a Lifetime

May 25 2021
By: info@njcfe.org
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New Jersey Residents Will Pay Most in Taxes Over a Lifetime

May 17, 2021 | bloomberquint.com

Residents of New Jersey, Massachusetts and Connecticut will face the highest tax burdens over a lifetime, according to a new study. Those living in New Jersey will pay on average a grand total of $931,698, well above the $827,185 for Massachusetts residents and $805,213 for Connecticut. Nationwide, Americans will pay $525,037 over their lives, which includes taxes on income, property, cars and retail spending, according to the study from financial technology company Self.

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5/25/21-New Jersey Residents Will Pay Most in Taxes Over a Lifetime

New Jersey Residents Will Pay Most in Taxes Over a Lifetime

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